Sunway opens $147m IPO as deal covered with domestic demand

Rashmi Kumar

June 29, 2015 09:15 am

malaysia_klcc_230px — No sunrise this morning as it was pretty cloudy on the horizon but this picture taken during blue hour was sufficient enough. Worth it to walk from Medan Tuanku to LRT Kg Baru to come here early in the morning :) | mohdnadlyaizat - Fotolia

The Malaysian ECM market is gearing up for some fresh activity after a near two-month dry spell, as Sunway Construction Group throws open books for an IPO worth as much as MR550m ($147m) that comes supported by a 10-strong cornerstone group.

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Topics

Asia Equity IPOs News content Equity Emerging Markets HSBC

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Rashmi Kumar